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Nigerian Banks

Nigeria to Accept Offenders and Failed Asylum Seekers from UK in New Migration Deal

KEY POINTS Nigeria and the UK have agreed to return offenders and failed asylum...

ADC Blames Tinubu Administration as Nigeria Ranks 4th Most Terror-Affected Country

KEY POINTS Nigeria is now ranked 4th globally in the 2026 Global Terrorism Index,...

FG Threatens to Blacklist Banks Over N200 Billion USSD Debt

KEY POINTS FG will blacklist 18 banks on the principal of N200 billion USSD...

Senate Increases Windfall Tax on Banks to 70%

Nigerian Senate raises windfall tax on banks' foreign exchange gains to 70%, targeting redistribution of government-driven profits.

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.

GTCO Plans $750mn Rights Issue to Meet Capital Requirements

Nigeria’s Guaranty Trust Bank (GTCO) is gearing up to raise $750 million through a...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

Nigerian Banks Attract Record Deposits Amid Naira Crisis

Nigeria's major banks have seen a surge in customer deposits in the first nine...

CBN Mandates BVN, NIN Linking, Anticipates Customer Rush

CBN’s new BVN/NIN policy expected to cause a surge in bank and NIMC office visits across Nigeria.

Latest articles

Nigeria to Accept Offenders and Failed Asylum Seekers from UK in New Migration Deal

KEY POINTS Nigeria and the UK have agreed to return offenders and failed asylum...

ADC Blames Tinubu Administration as Nigeria Ranks 4th Most Terror-Affected Country

KEY POINTS Nigeria is now ranked 4th globally in the 2026 Global Terrorism Index,...

Nigeria’s Vice President Visits Maiduguri Bomb Blast Victims

KEY POINTS Vice President Alhaji Kashim Shettima visited victims of Monday’s triple suicide bomb...

Nigeria Receives 11,520 Doses of Groundbreaking HIV Prevention Injection

KEY POINTS Nigeria receives 11,520 doses of lenacapavir, part of a 52,000-dose Global Fund-supported...